Financial Wealth Daily

US manufacturing stuck in doldrums as tariff headwinds persist

By Lucia Mutikani WASHINGTON, Dec 1 (Reuters) – U.S. manufacturing contracted for the ninth straight month in November, with factories facing slumping orders and higher prices for inputs as the drag from import tariffs persisted. The Institute for Supply Management survey on Monday also showed some manufacturers in the transportation equipment industry linking layoffs to…

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Explainer-How could Venezuela’s military respond to a US attack?

Nov 29 (Reuters) – U.S. President Donald Trump said on Saturday the airspace above and surrounding Venezuela should be considered “closed in its entirety”, without giving details, as Washington continues to ramp up pressure on President Nicolas Maduro’s government. Trump has repeatedly said U.S. strikes on alleged drug boats in the Caribbean and Pacific, which have…

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